Onity Group, previously known as Ocwen Financial, has made significant moves in the reverse mortgage sector with a recent acquisition, solidifying its commitment to expanding its presence in this niche market. This strategic decision comes as the company continues to see growth in its origination volume, with Q2 2024 showing a notable increase in production.
Key points:
– Onity Group, formerly Ocwen Financial, is actively expanding in the reverse mortgage sector
– Recent acquisition demonstrates the company’s dedication to this market
– Q2 2024 sees higher origination volume for Onity Group, indicating growth and success in the industry.
You can read this full article at: https://www.housingwire.com/articles/liberty-reverse-parent-doubles-down-on-reverse-through-new-acquisition/(subscription required)
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